Over the years, the Nigerian economy is faced with national and global economic challenges and as such, the financial institutions, especially the banking sector has an option of sanitizing and restructuring its operational processes in order to survive the depressed economy, as well as embarking on a consolidation exercise which would have some wider structural effects on the industry and on the economy as a whole. Basically, banking is a service industry operated ... read more

The financial system of any financial company provide the catalyst through financial intermediation for productive activities to ensure economic growth and development Olowo (2008). The Nigerian financial sector is undoubtedly the most important in the political economic system because it provides the necessary lubricant that keeps the wheel of the economy turning and it is an engine for economic growth. The sector provides fund for investment and also allocates these funds for investment and... read more

Available literature on world history reveals that nothing bothers national leaders more than the thought of economic development. Hence outstanding world leaders are always formulating and carrying out policies aimed at economic development of their nations. No prospect is more alluring to nation leaders than the thought of bringing in businesses to develop their nations economy. Nation leaders have never ignored economic field in their quest for development. Fleet wood feels that most peopl... read more

The function of the state government in recent times include the provision of amenities infrastructures which are capital intensive in nature over the years most state government especially in the developing countries have been carrying out such functions with finds from external sources as loans, grants and development assistance or aids. These sources have often been complemented with domestic resources as statutory allocations from the federation accounts, internally, generated finds and dom... read more

The political, economic and social development of any country depends on the amount of revenue generated for the provision of infrastructure in that given country. However, one means of generating the amount of revenue for providing the needed infrastructure is through a well structured tax system. According to Azubike (2009), tax is a major player in every society of the world. The taxation is an opportunity for government to collect additional revenue needed in discharging its pressing obligat... read more

Cooperative societies are a unit of business organization. In recent times, the importances of cooperatives have come into focus in West Africa countries. Cooperatives society origin is traced to the Rochadale Pioneers of 1844. It is believed that cooperative societies were in cooperative before 1844, but is the Rockdale Pioneers of 1844 who popularized the modern day cooperatives movement. The Rockdale consisted of 28 members who were mostly wavers. Their sole aim of farming cooperative was to ... read more

AN ASSESSMENT OF THE IMPLICATION OF ELECTRONIC BANKING IN NIGERIAN BANKS

The important role played by small-scale industries in developing economics has been increasingly realized over the past years. Not only are they important for the vitality of the business sector, they also play a major role in terms of employment creation, income generation and output growth. But in order to play their role in future, there is need for researchers and policy makers to identify this role and constantly interact to bring about a sustainable policy framework for industrial develop... read more

The concept and definition of monetary policy in the previous year has no universal acceptability but however, the term monetary policy according to CBN release on monetary policy concept (2006) was defined as “Any policy measure designed by the Federal Government through the CBN to control cost availability and supply of credit. It also referred to as the regulation of monetary supply and interest rate by the CBN in order to control inflation and to stabilize the currency flow in an econo... read more

The purpose of this study is to analyze how public infrastructure and capacity utilization could aid manufacturing growth in a developing economy like Nigeria. The concern is understandable where productivity growth is major determinant of the future of standard of living. Economist have written extensively on the decline of productivity growth and how it affects output growth and has gone to great length to try identify the reason for the show down. BACKGROUND OF THE STUDY ... read more

Today’s business environment is very dynamic and under goes rapid changes as a result of technological innovation, increased awareness and demands from customers. Business organization especially the banking industry of the 21st century operators in a complex and competitive environment characterized by these changing conditions and highly unpredictable economic climate information and Communication Technology (ICT) is at the centre of this changes curve. Laudon and Laudon, (1991) ... read more

Ordinarily, an auditor is one to whom the receipt and payment of an organization were read, as is simplified in the Latin verb audira, to hear. This is so because in the ancient time account and records of business, estate, trust and farms were checked by their owners by their being called out by those who compiles them. Auditing however, as it is known today is an independent examination of the financial record and statement of business organization non-profit making bodies, government parasat... read more

The advent of financial innovation such as smart card, credit card, electronic transfers in the payment system and recently the lunching of internet banking have transformed the world into a global village linked with electronic impulses. The concept of electronic money in Nigeria was introduced in 1990 when the Central Bank of Nigeria (CBN) gave approval to them. All state Trust Bank limited to offer a financial product known as smart card. Subsequently, Diamond Bank play card. However, the sma... read more

Reforms are predicted upon the need for reorientation and repositioning of an existing status inorder to attain an effective and efficient state. There could be fundamental bottle-neck that may inhibit the functioning of the institutions for growth and the achievement of core objectives in the drive towards inhancing and sustaining the economic and social imperatives of human endeavour carried out through either government institution or private enterprises. Consequently, the banking sector, ... read more

Balance of payments of a country is a systematic record of all its economic transactions with the outside world in a give year. It is a statistical record of the character and dimensions of the country’s economic relationships with the rest of the world (Johnson H 1958:113). Determinants of balance of payment have been and are still a topic of interest to many people and nations. Because of its usefulness, many writers have contributed towards its meaning, causes and solutions. Some pe... read more

THE IMPACT OF COMMERCIAL BANK CREDIT ON AGRICULTURAL OUTPUT IN NIGERIA

Unemployment is generally agreed to be symptom of macro- economic illness which couldinVolu“bentary”“volunta.Whe is said voluntary I mean a condition where somebody chooses not to work because they have a means of support other than employment example is the idle rich man. On the other hand involuntary unemployment exists when persons are willing to work at the prevailing rate of pay but unable to find work. (Anyanwu 1995). Balogun, ed et el (2003) also defined... read more

The Nigerian capital market is a long term end of the Nigeria financial system just as the money market is its short-termed in other words, the capital market performs for the economy, at the long-term end, the functions which the money market performs at the short-term end of the spectrum. Thus, while those who are short of funds and need to borrow for short-term propose borrow from the money market, those who are short of fund and are desirous of borrowing for the long-term go to the capital m... read more

The damaging effects of flooding remain as major sources of concerns among millions of rice farmers worldwide. The weather change due to various reasons causing unexpected and sudden flood recently in Nigeria has negative impacts on rice farming and people’s life. This research project is to evaluate the effect of flooding on the growth of three varieties of rice grown in Abakaliki Ebonyi State and to see how it influences people and agriculture. The extent of the damage of flooding on... read more

Water is essential for life. Man needs water for various other purposes apart from drinking and body functions. The other purposes includes it’s use in transportation, waste disposal and hydro electric system. About 80% of the earth’s surface is covered by water. This may be grouped into natural and artificial water. Natural water includes atmospheric water (rainfall, hail and snow), surface water includes (stream, lakes, rivers, ocean) and ground water (spring well, under ground stream).... read more